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Article
Nikolaos GEORGANTZIS ; Aurora GARCIA-GALLEGO ; Annarita COLASANTE ; Andrea MORONE ; Tiziana TEMERARIO ; Burgundy School of Business | 2019We analyze a public good game (PGG) with intragroup competition in which, generally but not always, the dominant strategy is to not contribute; therefore, free riding is the unique Nash equilibrium, not achieving Pareto efficiency. We propose a [...]
Article
Nikolaos GEORGANTZIS ; Loukas BALAFOUTAS ; Aurora GARCIA-GALLEGO ; Tarek JABER-LOPEZ ; Evangelos MITROKOSTAS ; Burgundy School of Business | 2019Despite the economic and social significance of crime reduction and criminals’ rehabilitation, research evaluating the effects of incarceration on behavior is surprisingly scarce. We conduct an experiment with 105 prison inmates and complemen[...]
Article
Nikolaos GEORGANTZIS ; Aurora GARCIA-GALLEGO ; María J. RUIZ-MARTOS ; Burgundy School of Business | 2019We present experimental data from the Heaven-Dictator Game, a generalization of the Dictator Game that investigates the overstatement of inequality reduction in the motivation of social preferences. Two players start with equal endowments and th[...]
Article
Nikolaos GEORGANTZIS ; Annarita COLASANTE ; Aurora GARCIA-GALLEGO ; Andrea MORONE ; Burgundy School of Business | 2019This paper investigates systemic risk that emerges from the interplay between uncertainreturns to individual actions, uncertainty on others’ behavior and all this filteredthrough individual attitudes toward risk. We design a finitely repeated li[...]
Article
Nikolaos GEORGANTZIS ; Ivan BARREDA-TARRAZONA ; Aurora GARCIA-GALLEGO ; Nicholas ZIROS ; Groupe ESC Dijon Bourgogne | 2018In an experimental exchange market based on Shapley and Shubik (1977), two types of players with different preferences and endowments independently submit quantities of the goods they wish to exchange. In this context, although the Nash equilibr[...]
